As banking institutions of all sizes maximize their digital channels, there is growing tension between the need to prevent fraud and the desire to maintain a frictionless customer experience. IBM Trusteer's Valerie Bradford discusses how to defuse this tension.
As India continues its move to a cashless economy, the PCI Security Standards Council is collaborating with the Reserve Bank of India and the National Payments Corp. of India to roll out new software-based design standards for protecting cardholder data against new threats, says Jeremy King, PCI SSC's international...
Leading the latest edition of the ISMG Security Report: The Department of Justice indicts Russians for allegedly running an industrialized troll factory designed to influence U.S. politics. Also, a feature in Australia's new real-time payment system could be abused by identity thieves.
Want to meddle with a democracy? Just use its social media outlets against it to amplify already existing social divisions. That's the quick take on the indictment recently unsealed by Special Counsel Robert Mueller that accuses Russians of running an "active measures" campaign against the United States.
Now that it's been confirmed that an insider at Punjab National Bank paved the way for $1.8 billion in fraudulent transactions, RBI, the nation's central bank, is reiterating the need to strengthen security measures tied to SWIFT interbank transactions, and security experts are offering risk mitigation advice.
After a U.S. indictment charged Russians with running a troll factory that interfered in U.S. elections, groups tracking online disinformation campaigns warn that Russian bots are now debating the school shooting in Parkland, Florida. The White House is facing questions over what it's doing to deter Moscow.
Australia's real-time payments platform, which launched last week, includes a feature designed to reduce fraud and erroneous payments. Ironically, the feature may also expose users to social engineering attacks.
Google has begun activating a new feature in Chrome that will block 12 types of intrusive advertisements. But some security experts say the online advertising industry needs to solve the malware and privacy problems that have caused users to turn to ad-blocking and anti-tracking tools.
Following banks in India and Russia reporting losses due to fraudulent transactions via the SWIFT interbank messaging platform, security experts are advising banks to be more vigilant and to take certain security steps, including better securing of remittance transactions.
Microsoft has been working to reduce the ability of attackers who use the PowerShell scripting language to "live off the land" in enterprise networks, in part via machine learning. But IT administrators should also have these three essential malicious PowerShell script defenses in place.
Is U.S. computer crime justice draconian? That's one obvious question following England's Court of Appeal ruling that suspected hacker Lauri Love would not be extradited to the United States, in part, because they said the U.S. justice system could not be trusted to treat Love humanely.
Some security practitioners are questioning the audit standards and internal controls maintained by state-run Punjab National Bank in the aftermath of the bank's Wednesday announcement that it had detected fraudulent transactions totaling more than $1.8 billion.
WhatsApp, the global messaging app that has more than 200 million monthly active users in India, has leveraged National Payment Corporation of India's Unified Payment Interface platform to launch its beta payment service that will allow users to send money to other WhatsApp users, excluding merchant accounts.
A U.S. grand jury has taken the extraordinary step of indicting 13 Russian nationals and three Russian companies for allegedly interfering with the U.S. political system, including the 2016 presidential election, in what the Justice Department portrays as "information warfare against the United States."
Cyber intelligence expert Tom Kellermann discusses the significance and impact of the announcement that 13 Russian nationals and three Russian entities were indicted Friday for allegedly meddling in the 2016 presidential election.